Friday, 3 November 2017

That Tax Cuts Only Benefit Wealthy

The Daily Caller:

The Washington Post soundly debunked the claim, made by numerous Democratic lawmakers, that the GOP tax reform bill will result in a tax increase for middle class households in a fact check published Thursday.
A number of prominent Democratic lawmakers have publicly claimed the tax reform bill, scheduled to be released Thursday, will result in an average tax increase of $794 for households making up to $86,100 annually. WaPo fact checkers traced the claim back to a report produced by Democrats on the Joint Economic Committee, that predicts that some 8 million households making less than 86,100 per year will see their taxes increased.

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